Last December we completed a house move in Locks Heath. We have since encountered a number of problems with the property which we consider were missed in the conveyancing searches. Do we have any recourse? What searches should? have been carried out as part of conveyancing in Locks Heath?
The question is vague as what problems have arisen and if they are relate to conveyancing in Locks Heath. Conveyancing searches and investigations undertaken during the buying process are carried out to help avoid problems. As part of the legal transfer of property, a seller completes a document referred to as a Seller’s Property Information Form. If the information is incorrect, then you may have a claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Locks Heath.
We note that you have a post code search directory identifying firms on the Coventry BS conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Locks Heath?
We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Locks Heath.
My aunt passed away last year and as sole heir and executor I was left the house in Locks Heath. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this allowed?
Given you plan to refinance then Skipton will require that you use a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.
I need some expedited conveyancing in Locks Heath as I am faced with a deadline to sign on the dotted line in less than 2 weeks. Luckily I do not require a mortgage. Can I escape the need for conveyancing searches to save fees and time?
As you are are a mortgage free buyer you have the choice not to do searches although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Locks Heath the following are examples of what can appear and adversely impact the marketability of the property: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
I'm buying a new build house in Locks Heath with a mortgage from The Mortgage Works. The builders refused to budge the price so I negotiated £7000 of additionals instead. The estate agent advised me not inform my solicitor about this side-deal as it would put at risk my loan with The Mortgage Works. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Are there any apps to help identify a Locks Heath law firm on the Coventry Building Society conveyancing panel? I am a keen cyclist and am prepared to travel upto 10miles to meet the conveyancer.
Feel free to make use of the tool on this website. Please select a lender and your location and you will see a number of Locks Heath conveyancing lawyers locally. We have detailed some Locks Heath conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Coventry Building Society approved list